Taxes

Apr. 13th, 2003 03:55 pm
magid: (Default)
[personal profile] magid
I just did my taxes. It took less time than I'd thought, which was good.

The fed taxes, as usual, were pretty clear. I was able to breeze through them, with this year's wrinkle (there's always one new thing, somehow), taxes paid to a foreign government (working for a multi-national corporation headquartered in England that tries to ensure every employee is also a stock-holder...). Luckily, since the amount was so tiny ($2.01), I didn't have to fill out any extra forms. And since the stock market sucked rocks, there weren't any capital gains to worry about, which saved me filling out not only a form for the feds, but a really nasty (3-page) form for the state.

Despite this, I still owe the state money. Not a lot, granted, but some. This, despite the reduction in the tax rate (although, as Treacle_Well pointed out, we had the option of paying at the old, higher rate, if we wanted to. Thanks, ever so much.). That's because, while they reduced the tax rate, they also reduced the deductions. Last year, a person filing singly got $4400 off, while this year, it was $3300. Had they not reduced it, they would've owed me a nice chunk of change. *sigh*

Another quibble with the state tax forms: who decided to have people sign on the front of the form? Not only is it strange to have it there in the middle, it also breaks up a chunk of calculations, which will lead to math errors, I'm sure. Brilliant design decision.

Still, it's done (except for photocopying and sending in, which will happen tomorrow).

Now to focus on Pesach prep. The oven's already on self-clean...

Date: 2003-04-14 05:00 am (UTC)
From: [identity profile] scholargipsy.livejournal.com
I agree about the front-signature bizarreness -- I did my taxes on Friday and had similar thoughts. Granted, the state wound up owing me money, so I'm a little less grumpy than I might otherwise be, but it's still a fakakta design choice.
Good luck with the Pesach preparations; as I said to pheromone, I'm bummed to be out of state during Passover.

Taxes, Pesach

Date: 2003-04-14 05:52 am (UTC)
From: [identity profile] magid.livejournal.com
If I rented, the state would owe me: they let you deduct half of your rent (up to a ridiculously small amount, compared to actual rents these days), but not mortgage interest, unlike the feds. (Or if any of a number of other things worked differently. I'm just always amazed that I get so much back from the feds, and state still wants more of a piece...)

I didn't know you knew any Yiddish!

Thanks for the good wishes; there's a reason the traditional greeting for Pesach is "chag kasher v'sameach" (a kosher and happy holiday... note which comes first!).

Are you going to be away for all 8 days of Passover? I had the impression that you'd be gone for the beginning half only. Not that the last days are as exciting, I suppose.

Re: Taxes, Pesach

Date: 2003-04-14 06:10 am (UTC)
From: [identity profile] surrealestate.livejournal.com
He likes to use the Yiddish to show off in front of the Jews. :)

Yiddish...

Date: 2003-04-14 06:27 am (UTC)
From: [identity profile] magid.livejournal.com
Well, I admit to being impressed (my Yiddish being rather limited, too). :-)

Re: Yiddish...

Date: 2003-04-14 06:29 am (UTC)
From: [identity profile] surrealestate.livejournal.com
What can I say? He knows what works. Charming bastard. :]

Re: Yiddish...

Date: 2003-04-14 06:32 am (UTC)
From: [identity profile] magid.livejournal.com
Better than the non-charming kind ;-)

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